Ferrellgas Partners (OTCMKTS:FGPR) Shares Gap Down – Time to Sell?

Ferrellgas Partners, L.P. (OTCMKTS:FGPRGet Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $17.73, but opened at $16.76. Ferrellgas Partners shares last traded at $17.50, with a volume of 409 shares changing hands.

Ferrellgas Partners Stock Performance

The business has a fifty day simple moving average of $15.91 and a 200-day simple moving average of $12.79. The stock has a market capitalization of $1.75 billion, a P/E ratio of -21.18 and a beta of 2.99.

Ferrellgas Partners Company Profile

(Get Free Report)

Ferrellgas Partners, L.P. distributes and sells propane and related equipment and supplies. The company transports propane to propane distribution locations, tanks on customers' premises, or to portable propane tanks delivered to retailers. It conducts its portable tank exchange operations under the Blue Rhino brand name through a network of independent and partnership-owned distribution outlets.

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